Financial
Distress signals
Property profile

1000 Armory Dr Franklin, VA 23851

OFF-MARKET
Commercial real estate
Property ID
US87-1472962
13,236 SF 1.22 ac lot Built 1977
Last sale May 2023 · $750,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2019

What does the county charge?
$7k
Tax billed · 2019
Assessed value · 2023$813k
Assessed land$352k
Assessed improvement$461k
Effective rate0.85%

Value estimate

· Sep 2026
$805k
$725k – $886k
AI approach$930k
Submarket $/SF estimate$1.28M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$44 – $201
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B1
JurisdictionFRANKLIN CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.3
Storage Facility12.3
HVAC Service12.1

Location

1000 Armory Dr Franklin, VA 23851-1852
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
141 Commerce Park, Franklin, VA 23851-2428 $845,000 Jan 2026 14,352 SF
507 Main, Franklin, VA 23851-1437 $105,216 Apr 2023 12,188 SF
1201 Armory, Franklin, VA 23851-2415 $8,825,000 Feb 2023 16,500 SF
1211 Armory, Franklin, VA 23851-2415 $8,825,000 Feb 2023 21,735 SF
1421 Armory, Franklin, VA 23851-2451 $700,000 Oct 2022 8,000 SF
101 Jackson, Franklin, VA 23851-1427 $275,000 Aug 2022 10,370 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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